House for Sale in Herceg Novi

Your Ideal Investment Awaits

Experience the allure of the Mediterranean lifestyle with this exceptional house for sale in Herceg Novi. Located in one of the most picturesque coastal towns in Montenegro, this property is a jewel waiting to be discovered, offering not only a home but a significant investment opportunity as well.

Surroundings and Development

Herceg Novi is renowned for its rich cultural heritage, stunning views, and vibrant atmosphere. The city is undergoing continuous development, enhancing its appeal as a prime destination for both tourists and locals. Recent investments in infrastructure, such as improved roads, and public transport options, make accessing this charming town easier than ever. The promenade is brimming with life, featuring local cafes that offer scrumptious coffee, charming boutiques, and diverse beaches enticing both relaxation and adventure lovers.

Imagine enjoying a casual stroll by the seaside, relishing the Mediterranean breeze, or exploring historic sites like the Forte Mare Fortress and the charming old town that showcase the city’s heritage. These attractions not only enhance the living experience but also ensure steady foot traffic, presenting an attractive scenario for investors looking to capitalize on rental opportunities.

Property Features and Benefits

This magnificent house boasts well-designed spaces that cater to families and entertainers alike.

– **Ground Floor**: A combination of hospitality and comfort with a cozy dining area, two inviting bedrooms, a hallway, and a well-appointed bathroom.
– **Upper Floor**: A bright living room that captures natural light, a fully equipped kitchen with a dining area ideal for gatherings, two additional bedrooms for family or guests, and another bathroom that enhances convenience.

The harmonious design and the strategic layout offer privacy and comfort, making it an enticing choice for families or groups seeking a tranquil retreat by the sea.

Your Path to Profitability

When considering an investment, understanding the financial landscape is crucial. This property not only serves as a wonderful living space but also presents the potential for significant rental income. Herceg Novi’s burgeoning popularity during the tourist season means you can maximize your investment effectively.

– **Rental Income**: The estimate of 100€ per night during high season, with occupancy rates projected at 70%, can lead to substantial seasonal income—potentially reaching 5 000€ in just a few months.
– **Off-Season Potential**: Even in the winter months, a consistent rental rate of approximately 500€/month can yield an additional 6 000€ annually.

ROI Calculation

To assess the true potential of your investment:

Total annual income is approximately 11 000€. If initial investment and operational costs sum up to 200 000€, you can apply the following formula: ROI = (Income – Costs) / Costs.

Calculating this gives:

ROI = (11 000€ – 200 000€) / 200 000€ = 5.5%.

Conclusion: Your Dream and Investment Journey Starts Here

This property seamlessly blends breathtaking living with lucrative investment possibilities. You will acquire not just a home but a lifestyle enriched by the beauty of Herceg Novi. With a promising 5.5% ROI, this house is not just a purchase but a strategic step toward a prosperous future.

Explore this opportunity today; own a piece of paradise while securing a robust investment!